Cryptocurrency Market: BTC's Correlation with Traditional Assets Hits All-Time Low
According to data analysis by IntoTheBlock, the correlation between BTC and traditional assets such as the US Dollar Index and stock market indices like the S&P 500 and Nasdaq 100 has reached an all-time low. This signifies that BTC has very little correlation with traditional financial markets, offering investors opportunities for diversification. However, it's worth noting that some other cryptocurrencies show higher correlations with BTC.
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